UBS mum on media story investment group to leave Swiss base

26th May 2011, 0 comments

GenevaLunch.com ZURICH, SWITZERLAND - The Wall Street Journal is creating a stir in the international banking world with its report Thursday 26 May that Switzerland’s largest bank, UBS, plans to move its investment bank out of Switzerland, perhaps to London, Hong Kong or Singapore. The move would in theory allow it to escape tough new capital [...]